The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1887-09-13
The 4 merican Beef Pool Formed.

uudIlOu OI Tue hu6TlCdH Decl LOOl, Gu0
purpose of which is to bring the price of
beef cattle on the range west and the
feeding districts more nearly to the
level prices Of dressed beef in the east;
and to increase the profits to the pro-
Queer and do away with middle men. A.
s. Mercer, of Wyoming, was chosen
chairman and G. L. Brooks, of New
Mexico, secretary. Mr.. Mercer stated
the object of the meeting and then read
report. His conference with Armour
& Co., of Chicago, which was had at the
request of the Colorado Cattle Growers
Association, is substantially IS
follows: Armour e. Co. have
signed contract with the pool to kill
their cattle and give them all there is
in them less a reasonable commission,
and in extending their market facilitiey
Armour further agrees to slaughter the
cattle for 81 so per head, giving the
shipper the entire proceeds of the ami
NAL, less the freight and the selling
commission on dressed beef in the east.
The following resolutions were pre-
sented and adopted:
Resolved, That incorporation papers
be taken out under the laws
of the State of Colorado, establishing
an association to producers, for their
mutual benefit in handling and dispos-
ing of beef cattle after shipment from
production; that the name of the assO-
citation be 1.-The American Beef Pool"
That it shall issue no capital stock, de-
clare no dividends, and seek for no pro-
Fl as an organizations; that its objects
shall be only to accomplish through an
organized effort and united action
an increase of net value upon beef pro-
duct for its membership and for the in
dividual advantage fits! membership.
That its affairs shall be wholly governed
by a Board of directors, to be COM
posed of & president. vice-president,
secretary and uperintendent OF depart
ment to be elected or appointed by the
beard of directors, according to the by
laws of the association. That any
person to be eligible for membership
must be q producer and shipper OF beef.
That there shall be no membership
fees or annual dues. That the only
charge for membership for the
support of the organization shall
be so cents per head upon all beef cattle
shipped to, or through it. All salaries.
rents or expenses of whatever nature
incurred by the management, including
any and all commission charges, II II
becomes necessary to pay live stock
commission firms for disposing OF feed
efs or other cattle unfit for dressed beef.
must be paid from the charge OF 30
cents per b ad, and should any sur
plus accumulations accrue, it shall be
returned at stated intervals to the ship
pers, in such manner as may be pre-
scribed by the bylaws. That the
board of directors shall be composed
wholly of producers of beef cattle
in haRnD-
ing a member of this association of
beef producers, agrees to market all his
beef products, except such as may be
in demand for home consumption,
through this organization so long
as he may be member OF
the same. That any member may
withdraw from the association at any
time by first giving its secretary thirty
days notice of his intention to do so.
That the principal place of business shall
be Kansas City, Mo-, with branch offices
wherever the board of directors may
deem it necessary to establish the same.
That one purpose is for this association
to enable beef producers to be in po-
sition to act as a body corporate in
closing their contract with Messrs.
Armour & Co., firm doing a slaugh-
tering and dressed beef business, as
nearly in accordance with the propo-
sition as outlined by said firm, under
date of August Goth, 1881; representing
and acting for The Colorado Cattle
Growers Association, as may be con-
sistent with the interests of the mem
bership association for Strengthening
memberships beef and the disposal. of
dressed beef product. That the
corporation shall at no time own
any property other than office fixtures,
furniture stationery and the necessary
tools and implements for handling
cattle. That while all cattle after
shipment by members of the ss0clauon
shall be under the control of the asso-
citation, nevertheless, they are to re-
main the individual property of the
shipper, and all proceeds arising from
the sale thereof, less so cents per head,
shall be paid by the purchasing party
directly to the order OF the
an executive committee of three,
to consist of the president, vice.
president, and one director, TO be ap-
pointed by the board OF directors, to
whom shall be delegated the power of
the board, when the board is in session. |
That the association, by its character
and bylaws, shall be prohibited from
mourning any Indebtedness whatever.
The meeting proceeded to the election |
of officers with the following result:
President, Andy ]. Snyder, Kansas |
City; Vice President, George L, Brooks, |
New Mexico; Secretary, j. D.
Warner. New Mexico; Treas
lrer, II. S, Metcalf, Denver.
The Board of Directors is to be made up
Of thirteen men from all parts of the
-ange and feeding cou2 tries. Those al
ready chosen are Major Gently, Mis-
souri,; Andy Snyder, Kansas City; A.
Drum, Indian Territory; T. w. Loma1,
and A. II Nelson. Texas; Geo. Brooks,
New Mexico, and S. s, Metcalf and Geo.
L. Benkelman, Colorado. Others will
,e added as the occasion arises repre-
enting different sections covered by the
association Active work at once will
,e begun and shipments are expected to
,egin at an early day.